Machine generated contents note: -- 1. Introduction2. Theoretical and Empirical Foundations3. Historical Context4. Explaining Mediterranean Emigration5. The Globalization of Trade and Labor Markets 6. Emigration and Wage Inequality7. Global migration and wage convergence 8. Conclusion

Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have changed over the last 30 years. We find that workers...